Business
Incognia and Webull Brazil Combat Promotional Abuse and Remote Access Fraud in Digital Investing
Global investment platform sees 92.5% frictionless onboarding to accelerate account approvals and prevent fraud SAN JOSE, Calif., April 1, 2026 /PRNewswire/
About this update from Webull Corporation
[{"type":"text","content":"Global investment platform sees 92.5% frictionless onboarding to accelerate account approvals and prevent fraud SAN JOSE, Calif., April 1, 2026 /PRNewswire/ -- Today, Incognia, the leader in cross-device risk intelligence, is helping Webull Brazil scale its digital investment platform securely as the company expands in Latin America. By integrating Incognia's device and location intelligence into its onboarding and fraud prevention workflows, Webull Brazil's automatic account approvals increased from 75.7% to 92.5%, dramatically reducing manual review requirements, while uncovering networks involved in promotional abuse and remote access attacks.\n \n \n \n \n \n \n \n\"Incognia's device intelligence was a game-changer in transforming our growth into profitability,\" said the Webull Brazil team. \"It protects the platform against complex abuses without sacrificing the agility of our onboarding process.\"Like many fast-growing fintech platforms, Webull Brazil needed to balance rapid user acquisition with strong fraud prevention. Promotional campaigns designed to accelerate growth began attracting fraudulent activity, including bonus abuse, account sharing, and attempts to manipulate onboarding processes. Traditional verification methods introduced friction and manual review bottlenecks, slowing legitimate account approvals.To address these challenges, Webull Brazil integrated Incognia's device and location intelligence to automate identity and address verification while detecting coordinated fraud at scale. Incognia's SDK analyzes device integrity signals, detects tampering tools such as emulators and app cloning, and validates location behavior in real time—providing persistent risk intelligence without adding friction for legitimate users.With Incognia, Webull Brazil reduced its compliance workload, cutting manual verification cases from 19.2% to just 2.5%. The partnership also protected against remote access threats, identifying more than 7,650 devices running tools like AnyDesk and TeamViewer to prevent \"phantom hand\" account takeover attacks. Leveraging Incognia's location intelligence, Webull Brazil pinpointed geographic clusters of high-risk activity, enabling the company to refine its marketing strategy, discontinue campaigns that attracted abusive behaviors, and focus growth on higher-quality, long-term users.\"Fintech...